Niles, MI Real Estate Market 2026

Investor-grade market analytics for Niles, Michigan. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$284,293

+7.3% year-over-year

Est. Rental Yield

5.8%

gross annual

12-Month Forecast

+7.1%

base case (Zillow ZHVF)

+7.1% year-over-year

Climate Risk

50/100

Moderate

Market Momentum

➡️
Neutral
3.3mo supply · Score 0/7

Net migration: Bottom 15% nationally

Income Migration

💰 Wealth Influx1.31x

In-migrants avg $81,791 AGI vs out-migrants $62,205

🏛️

Opportunity Zone Market

3 ZIP codes in Niles are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Niles Market Summary

Niles, MI is experiencing strong growth with 7.3% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 4.5x, below the national average of 4.8x. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 5.78% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score79/100
Price-to-Income Ratio4.5x (national avg 4.8x)
Median Household Income$63,152

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+3.5%
Base Case+7.1%
Bull Case+10.6%

Climate & Natural Hazard Risk

Niles, MI's primary climate exposure is wind storms (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Niles dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.